Yes, I think the states will force the issue for net sales taxes, in fact they have no choice, they need the revenue.
Don't get me wrong with Amazon, I buy from them all the time, but AMZN isn't worth $35.55 a share...
It's just a matter of what will cause, & when, the upmove to break.
Also, I played it short not long ago and did ok>
To:tsigprofit who wrote (11605)
From: ratdogman Wednesday, Apr 16, 2003 12:08 PM
View Replies (1) | Respond to of 12161
Well, I took the advice of Barron's from Saturday and picked up some puts in AMZN, which looked the worst of the three that they had targeted as vastly overvalued on their cover this week.
The AMZN April 25's are up large today. (275%)
I got lucky.
As you know, I usually like to play expiration week anyway, this is where the big moves in the options happen very fast.. |
